Chinese investment in Brazil pivots

Ice cream chain Mixue plans $590m investment, while meal delivery firm Meituan to invest $1b by 2030 SAO PAULO: For Chinese ice cream and beverage chain Mixue, which already has more stores than Starbucks or McDonald’s, a cheerful snowman mascot on Sao Paulo’s most famous avenue signals a new phase of its global expansion. Mixue’s…

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HEC, industry agree to bridge skills gap

Applied Research Award announced as universities urged to update curricula to match global market needs LAHORE: Chairman of the Higher Education Commission (HEC) Dr Niaz Ahmed visited the Lahore Chamber of Commerce and Industry (LCCI) and met with President Faheemur Rehman Saigol to discuss strengthening the link between education and industry, improving academic curricula and…

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Germany’s debt brake reform fails to advance

Commission members fail to find common ground, will offer non-binding ideas instead of full reform FRANKFURT: A planned reform of Germany’s cap on public borrowing will not take place during the government’s current legislative term, German mass tabloid Bild reported on Saturday, adding members of the responsible commission have failed to find common ground. The…

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FinMin to attend World Bank-IMF meetings

Will also meet policymakers, Pakistani diaspora to highlight reform progress, growth prospects Finance Minister Muhammad Aurangzeb speaking at the Pakistan Policy Dialogue in Islamabad Photo: Screengrab ISLAMABAD: Federal Minister for Finance Muhammad Aurangzeb has departed for the United States to participate in the World Bank Group-IMF Spring Meetings 2026, scheduled to be held in Washington…

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The great gold squeeze

PUBLISHED April 12, 2026 KARACHI: Gold, in the subcontinent, has always been much more than just a metal you can buy and sell—it’s embedded in our social and emotional lives. It lives in velvet-lined boxes that smell faintly of stale attar and old wood, in musty bank lockers visited before weddings, in the quiet arithmetic…

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Business bodies unite on economic issues

KCCI, FCCI say high energy costs undermining competitiveness, demand tax rationalisation in upcoming budget KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) and the Faisalabad Chamber of Commerce and Industry (FCCI) have agreed to maintain frequent interaction and structured engagements to effectively highlight and resolve pressing issues faced by the business community, according to…

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PSX tops 167,000 on diplomatic optimism

PSX witnessed a strong trend-reversal session as the KSE-100 Index surged 1,836 points (+1.01%) to close at 184,175. Photo: Express KARACHI: The Pakistan Stock Exchange (PSX) resumed its bullish momentum on Friday, with the benchmark KSE-100 index gaining over 1,670 points to close near 167,200, supported by strong investor optimism over Pakistan-facilitated talks between the…

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FinMin leaves for World Bank-IMF spring meetings in US

Finance Minister Muhammad Aurangzeb speaks during a Reuters interview at the 2025 annual IMF/World Bank Spring Meetings in Washington, DC, US, April 25, 2025. Photo: Reuters/ File Finance Minister Muhammad Aurangzeb has departed for the United States to attend the World Bank Group–International Monetary Fund (IMF) spring meetings 2026, where he is set to engage…

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Gold prices in Pakistan Today

At current prices, the looted gold is worth around $70 million. PHOTO: PIXABAY Gold prices saw a minor decline in Pakistan on Saturday after prices in the international bullion market dropped by $7 per ounce, bringing the new global rate to $1,746 per ounce. Following global trends, local bullion markets also experienced a decline. The…

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